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【BTC’s rebound this time may not be the true bottom 😂】
CryptoQuant analysts say that, based on on-chain models, Bitcoin’s real medium- to long-term bottom may be around $59k.
And “bottoming out” isn’t like sticking in a needle and then—literally the next day—ripping higher; it’s more like: 📉 the market first wears everyone down until they’re 😵, and then slowly grinds back confidence.
He believes what truly stabilizes BTC isn’t emotional hype or short-term rebounds, but real spot buying returning.
In simple terms: what the market makers lack right now isn’t the money to pump—it’s the confidence that “someone is willing to keep holding for the long term.” 😂
One-sentence summary: the market may look like a rebound now, but it’s more like BTC is saying: 🧎 “Don’t rush—I might not have finished digging my bottom yet.”